Asia-Pacific’s Next Red-Hot Markets

Southeast Asian stock markets were red-hot in 2012, as strong domestic demand in places like Thailand, Indonesia and the Philippines helped shield their economies from the global downturn.

But investor interest is likely to shift this year, according to Michael Spencer, Deutsche Bank’s chief economist for Asia-Pacific, as more trade-dependent economies in North Asia and Singapore ride an expected rebound in the West to strong, export-driven performance.

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